Keywords: Economy


Digital betting and corruption concerns deepen South Africa’s growing social crisis

Digital betting in South Africa has evolved beyond a simple form of entertainment or a rapidly expanding economic activity. It has become a social phenomenon reflecting the deep inequalities affecting the country, where many young people increasingly see online gambling as a possible escape from economic......

Twenty-five U.S. states challenge new Trump tariffs in court

A coalition of 25 U.S. states has filed a lawsuit challenging the latest tariffs introduced by President Donald Trump, arguing that the new import duties exceed presidential authority and place additional financial pressure on businesses and consumers. The legal action follows the administration's......

CAC 40 hits new record as falling oil prices boost Paris stock market

The CAC 40 reached a new all-time high on Tuesday, driven by declining oil prices and renewed investor optimism over the global economic outlook. France's benchmark stock index climbed to 8,669.69 points during morning trading, setting a fresh intraday record after already reaching a historic peak......

Bank of Korea signals openness to further interest rate hikes as inflation concerns persist

The Bank of Korea (BOK) is keeping the door open to additional interest rate increases after policymakers indicated that inflation risks continue to warrant close monitoring, according to minutes from the central bank's latest monetary policy meeting. The document suggests that while board members......

Survey shows 70% of Americans believe the economy is in poor condition

A recent public opinion survey indicates that a large majority of Americans remain concerned about the state of the U.S. economy, with nearly 70% describing economic conditions as poor. The findings highlight continued frustration over rising living costs and financial pressures despite government efforts......

UNCTAD warns of a potential slowdown in global foreign investment in 2026

Global foreign direct investment (FDI) could lose momentum in 2026 as geopolitical uncertainty and regional conflicts continue to weigh on international business decisions, according to a senior economist at the United Nations Conference on Trade and Development (UNCTAD). Ashraf Abdelaal, a senior economist......

Morocco fuel prices rise by one dirham per litre as upward trend resumes

Motorists in Morocco are facing another increase in fuel prices after distributors raised the cost of both diesel and gasoline by one dirham per litre, reinforcing an upward trend that began in mid-July following several weeks of declining prices. The latest adjustment took effect late on August 2,......

Bank of Japan warns AI boom could keep inflation elevated in Japan

The Bank of Japan (BOJ) has cautioned that the rapid global expansion of artificial intelligence investment could generate sustained inflationary pressure in Japan, suggesting that the country's central bank is increasingly attentive to new structural risks that may influence future monetary policy. In......

UK manufacturing growth slows to four-month low as July PMI revised downward

Britain's manufacturing sector continued to expand in July 2026, but the pace of growth eased more than initially estimated, according to the latest purchasing managers' survey, highlighting fresh pressures on industrial activity despite the sector's sustained recovery. The final S&P......